AG真人官方

STOCK TITAN

[Form 4] Agree AG真人官方ty Corporation Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Positive)
Form Type
4
Rhea-AI Filing Summary

Greg Lehmkuhl, a director of Agree AG真人官方ty Corporation (ADC), reported a small open-market purchase of common shares. The Form 4 discloses a purchase of 750 common shares at $72.84 per share, increasing his beneficial ownership to 27,683.644 shares. The filing notes that 309.701 of those shares were acquired under the company鈥檚 dividend reinvestment plan since his last Form 4. The report was filed as a single reporting person Form 4 and includes an attached power of attorney.

Greg Lehmkuhl, amministratore di Agree AG真人官方ty Corporation (ADC), ha segnalato un piccolo acquisto di azioni ordinarie sul mercato aperto. Il Modulo 4 indica l'acquisto di 750 azioni ordinarie a $72,84 per azione, portando la sua partecipazione a 27.683,644 azioni. La dichiarazione specifica che 309,701 di queste azioni sono state ottenute tramite il piano di reinvestimento dei dividendi della societ脿 dall'ultimo Modulo 4. Il rapporto 猫 stato presentato come Modulo 4 di una singola persona che segnala e include una procura allegata.

Greg Lehmkuhl, director de Agree AG真人官方ty Corporation (ADC), inform贸 una peque帽a compra de acciones comunes en el mercado abierto. El Formulario 4 revela la compra de 750 acciones comunes a $72,84 por acci贸n, llevando su participaci贸n a 27.683,644 acciones. La presentaci贸n se帽ala que 309,701 de esas acciones se adquirieron mediante el plan de reinversi贸n de dividendos de la compa帽铆a desde su 煤ltimo Formulario 4. El informe se present贸 como un Formulario 4 de una sola persona informante e incluye un poder notarial adjunto.

Agree AG真人官方ty Corporation(ADC)鞚� 鞚挫偓鞚� Greg Lehmkuhl鞚 靻岇暋鞚� 瓿店皽鞁滌灔 氤错喌欤� 毵れ瀰鞚� 鞁犼碃頄堨姷雼堧嫟. Form 4鞐愲姅 欤茧嫻 $72.84鞐� 750欤茧ゼ 毵れ垬頃橃棳 攴胳潣 鞁れ 氤挫湢霟夓澊 27,683.644欤�搿� 歃濌皜頄堧嫟瓿� 旮办灛霅橃柎 鞛堨姷雼堧嫟. 鞝滌稖靹滌棎電� 攴� 欷� 309.701欤�臧 斓滉芳鞚� Form 4 鞚错泟 須岇偓鞚� 氚半嫻鞛埇鞛愱硠須嶌潉 韱淀暣 旆摑霅橃棃雼り碃 氇呾嫓霅橃柎 鞛堨姷雼堧嫟. 頃措嫻 氤搓碃靹滊姅 雼澕 氤搓碃鞛� Form 4搿� 鞝滌稖霅橃棃鞙茧┌ 鞙勳瀯鞛�(鞝勱秾鞙勳瀯鞛�)鞚� 觳秬霅橃柎 鞛堨姷雼堧嫟.

Greg Lehmkuhl, administrateur d'Agree AG真人官方ty Corporation (ADC), a d茅clar茅 un petit achat d'actions ordinaires sur le march茅 ouvert. Le formulaire 4 r茅v猫le l'achat de 750 actions ordinaires 脿 72,84 $ l'action, portant sa participation b茅n茅ficiaire 脿 27 683,644 actions. Le dossier pr茅cise que 309,701 de ces actions ont 茅t茅 acquises via le plan de r茅investissement des dividendes de la soci茅t茅 depuis son dernier formulaire 4. Le rapport a 茅t茅 d茅pos茅 en tant que formulaire 4 d'une seule personne d茅clarante et comprend une procuration jointe.

Greg Lehmkuhl, Direktor von Agree AG真人官方ty Corporation (ADC), meldete einen kleinen Kauf von Stammaktien am offenen Markt. Das Formular 4 weist den Erwerb von 750 Stammaktien zu je $72,84 aus, wodurch sein wirtschaftliches Eigentum auf 27.683,644 Aktien anstieg. Die Einreichung vermerkt, dass 309,701 dieser Aktien seit seinem letzten Formular 4 眉ber den Dividenden-Reinvestitionsplan des Unternehmens erworben wurden. Der Bericht wurde als Formular 4 einer einzelnen meldepflichtigen Person eingereicht und enth盲lt eine beigef眉gte Vollmacht.

Positive
  • Director purchase of 750 shares at $72.84 shows continued insider ownership
  • 309.701 shares acquired via dividend reinvestment plan indicates ongoing participation in company programs
  • Beneficial ownership total disclosed as 27,683.644 shares, providing transparency
Negative
  • None.

Insights

TL;DR: Director added a modest number of ADC shares at $72.84, bringing total beneficial ownership to 27,683.644 shares.

The transaction is a routine insider purchase recorded on Form 4 showing alignment with the company via continued ownership and use of the dividend reinvestment plan. The acquisition size (750 shares) is small relative to the total reported holding, and the explicit inclusion of 309.701 shares from the dividend reinvestment plan clarifies the source of part of the change in ownership. There are no derivative transactions or dispositions reported.

TL;DR: A director鈥檚 open-market buy and DRIP participation reflect routine insider ownership maintenance, not a material governance event.

This Form 4 documents a straightforward increase in common share holdings by a director and confirms participation in the dividend reinvestment plan. The filing includes Exhibit 24 (power of attorney), indicating an authorized filing process. The disclosure does not show any changes in role, related-party transactions, or derivative activity that would raise governance concerns.

Greg Lehmkuhl, amministratore di Agree AG真人官方ty Corporation (ADC), ha segnalato un piccolo acquisto di azioni ordinarie sul mercato aperto. Il Modulo 4 indica l'acquisto di 750 azioni ordinarie a $72,84 per azione, portando la sua partecipazione a 27.683,644 azioni. La dichiarazione specifica che 309,701 di queste azioni sono state ottenute tramite il piano di reinvestimento dei dividendi della societ脿 dall'ultimo Modulo 4. Il rapporto 猫 stato presentato come Modulo 4 di una singola persona che segnala e include una procura allegata.

Greg Lehmkuhl, director de Agree AG真人官方ty Corporation (ADC), inform贸 una peque帽a compra de acciones comunes en el mercado abierto. El Formulario 4 revela la compra de 750 acciones comunes a $72,84 por acci贸n, llevando su participaci贸n a 27.683,644 acciones. La presentaci贸n se帽ala que 309,701 de esas acciones se adquirieron mediante el plan de reinversi贸n de dividendos de la compa帽铆a desde su 煤ltimo Formulario 4. El informe se present贸 como un Formulario 4 de una sola persona informante e incluye un poder notarial adjunto.

Agree AG真人官方ty Corporation(ADC)鞚� 鞚挫偓鞚� Greg Lehmkuhl鞚 靻岇暋鞚� 瓿店皽鞁滌灔 氤错喌欤� 毵れ瀰鞚� 鞁犼碃頄堨姷雼堧嫟. Form 4鞐愲姅 欤茧嫻 $72.84鞐� 750欤茧ゼ 毵れ垬頃橃棳 攴胳潣 鞁れ 氤挫湢霟夓澊 27,683.644欤�搿� 歃濌皜頄堧嫟瓿� 旮办灛霅橃柎 鞛堨姷雼堧嫟. 鞝滌稖靹滌棎電� 攴� 欷� 309.701欤�臧 斓滉芳鞚� Form 4 鞚错泟 須岇偓鞚� 氚半嫻鞛埇鞛愱硠須嶌潉 韱淀暣 旆摑霅橃棃雼り碃 氇呾嫓霅橃柎 鞛堨姷雼堧嫟. 頃措嫻 氤搓碃靹滊姅 雼澕 氤搓碃鞛� Form 4搿� 鞝滌稖霅橃棃鞙茧┌ 鞙勳瀯鞛�(鞝勱秾鞙勳瀯鞛�)鞚� 觳秬霅橃柎 鞛堨姷雼堧嫟.

Greg Lehmkuhl, administrateur d'Agree AG真人官方ty Corporation (ADC), a d茅clar茅 un petit achat d'actions ordinaires sur le march茅 ouvert. Le formulaire 4 r茅v猫le l'achat de 750 actions ordinaires 脿 72,84 $ l'action, portant sa participation b茅n茅ficiaire 脿 27 683,644 actions. Le dossier pr茅cise que 309,701 de ces actions ont 茅t茅 acquises via le plan de r茅investissement des dividendes de la soci茅t茅 depuis son dernier formulaire 4. Le rapport a 茅t茅 d茅pos茅 en tant que formulaire 4 d'une seule personne d茅clarante et comprend une procuration jointe.

Greg Lehmkuhl, Direktor von Agree AG真人官方ty Corporation (ADC), meldete einen kleinen Kauf von Stammaktien am offenen Markt. Das Formular 4 weist den Erwerb von 750 Stammaktien zu je $72,84 aus, wodurch sein wirtschaftliches Eigentum auf 27.683,644 Aktien anstieg. Die Einreichung vermerkt, dass 309,701 dieser Aktien seit seinem letzten Formular 4 眉ber den Dividenden-Reinvestitionsplan des Unternehmens erworben wurden. Der Bericht wurde als Formular 4 einer einzelnen meldepflichtigen Person eingereicht und enth盲lt eine beigef眉gte Vollmacht.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Lehmkuhl Greg

(Last) (First) (Middle)
32301 WOODWARD AVENUE

(Street)
ROYAL OAK MI 48073

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
AGREE REALTY CORP [ ADC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
09/05/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Shares 09/05/2025 P 750 A $72.84 27,683.644(1) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Includes 309.701 shares acquired under a dividend reinvestment plan since the last Statement of Changes in Beneficial Ownership filed by Reporting Person.
Remarks:
Exhibit 24, Power of Attorney, is attached.
/s/ Stephen Breslin, Attorney-in-Fact 09/08/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did Greg Lehmkuhl report on the Form 4 for ADC?

The Form 4 reports a purchase of 750 common shares at $72.84 per share by Greg Lehmkuhl.

How many ADC shares does Greg Lehmkuhl beneficially own after the reported transaction?

He beneficially owns 27,683.644 shares following the reported transaction.

Did any of the reported shares come from a dividend reinvestment plan (DRIP)?

Yes. The filing states 309.701 shares were acquired under the company鈥檚 dividend reinvestment plan since the last Form 4.

Was any derivative or option activity reported by the insider on this Form 4?

No. The filing shows only a non-derivative purchase of common shares and no derivative securities activity.

What is the reporting person鈥檚 relationship to ADC?

Greg Lehmkuhl is reported as a Director of Agree AG真人官方ty Corporation (ADC).
Agree Rlty Corp

NYSE:ADC

ADC Rankings

ADC Latest News

ADC Latest SEC Filings

ADC Stock Data

8.04B
108.67M
1.8%
116.57%
10.82%
REIT - Retail
AG真人官方 Estate Investment Trusts
United States
ROYAL OAK